WASHINGTON (Bloomberg) -- Luxury-car brands such as Honda Motor Co.’s Acura and Daimler AG’s Mercedes-Benz will take a disproportionate hit from Hurricane Sandy, with as much as 25 percent of U.S. sales coming from cities in the storm’s path.
“The last week of the month is typically a big week in terms of new vehicle sales,” Larry Dixon, senior analyst for the National Automobile Dealers Association, based in McLean, Va. “Everyone’s trying to finish off the month on a high note. We might see October sales down just a bit from what everybody had anticipated.”
The New York, Washington and Philadelphia markets account for a quarter of Acura’s U.S. sales, 24 percent of Mercedes-Benz’s and 23 percent for BMW and Volvo Cars, according to auto researcher Edmunds.com.
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